For Sale32d on market
357 Wallace Ave
Frankfort, KY, 40601 • 40601 • Franklin County
$160,000
$107/sqft
Down payment assistance available
4Beds
2Baths
1,500Sqft
1988Built
Property DNA
Berry Hill
40601
This home is getting attention
Listed 32 days ago · 1,053 views · 49 saves
Market activity
Demand and pricing signals for this listing
1,053 views
People checking out this listing
49 saves
Buyers have saved this home
32 days on market
Established listing
$107/sqft
Price per square foot
Selling Soon Prediction
HighThis home ranks in the top 17% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1988
Attention investors! Add a cash-flowing duplex to your portfolio. 357 Wallace is currently rented for $1,520 per month in gross rent, with leases in place through September and October 2026. This 4-bedroom, 2-bath property (2/1 per side) features recent updates, a large yard, and room to grow rents. All utilities are separately metered and paid by the tenants. Property can be combined as part of a portfolio with 309 Virginia, Frankfort.
Standout features identified
Our analysis highlights recent updates and large yard as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,051/month
Principal & Interest$837
Property Tax$160
Insurance$53
Down payment20% ($32,000)
3%50%
Est. 6.83% rate · 30yr fixed · $128,000 loan
Full calculator →At a glance
Key facts and listing details
TypeDuplex
Year Built1988
HeatingElectric
CoolingElectric
Parking4 Parking spaces
Days on Zillow32 Days
Price/sqft$107
Property
Home typeMulti Family
Sub-typeDuplex
Year built1988
Systems
HeatingElectric
CoolingElectric
RoofShingle
Parking & Outdoor
ParkingPaved
Location & Tax
Neighborhood40601
Annual tax$451
Parcel06143130030001
Bathrooms & Fees
Full baths2
Features & details
3 categories of property features
Interior Features
Heating
Electric
Cooling
Electric
Exterior Features
Parking
Paved
Listing insights
Market data and value estimates
StatusFor Sale
Days on market32
Tax rate0.84%
Price/sqft$107
On marketMar 30, 2026
PostedMar 13, 2026
Last sold$80,000
MLS updatedMar 30, 2026
Tour days9
Views1,053
Favorites49
How are the schools in Frankfort?
2 schools rated nearby
Location
Frankfort, KY, 40601
Price history
11 events
DateEventPrice$/sqftSource
Mar 30, 2026Listed For Sale$160,000$107Imagine MLS
Mar 17, 2026Pending Sale$160,000$107Imagine MLS
Mar 13, 2026Listed For Sale$160,000$107Imagine MLS
Jun 25, 2020Listing Removed$625—Keller Williams Greater Lexington
Jun 11, 2020Listed For Rent$625—Keller Williams Greater Lexington
Feb 14, 2020Sold$80,000$53Imagine MLS
Feb 13, 2020Pending Sale$84,900$57Bluegrass Realty & Investments
Jan 22, 2020Listed For Sale$84,900$57Bluegrass Realty & Investments
Jan 15, 2020Pending Sale$84,900$57Bluegrass Realty & Investments
Dec 7, 2019Listed For Sale$84,900$57Bluegrass Realty & Investments
Feb 13, 2009Sold$31,000$21Imagine MLS
Listed For Sale$160,000
Mar 30, 2026•$107/sqft•Imagine MLS
Pending Sale$160,000
Mar 17, 2026•$107/sqft•Imagine MLS
Listed For Sale$160,000
Mar 13, 2026•$107/sqft•Imagine MLS
Listing Removed$625
Jun 25, 20200•Keller Williams Greater Lexington
Listed For Rent$625
Jun 11, 20200•Keller Williams Greater Lexington
Sold$80,000
Feb 14, 2020•$53/sqft•Imagine MLS
Pending Sale$84,900
Feb 13, 2020•$57/sqft•Bluegrass Realty & Investments
Listed For Sale$84,900
Jan 22, 2020•$57/sqft•Bluegrass Realty & Investments
Pending Sale$84,900
Jan 15, 2020•$57/sqft•Bluegrass Realty & Investments
Listed For Sale$84,900
Dec 7, 2019•$57/sqft•Bluegrass Realty & Investments
Sold$31,000
Feb 13, 2009•$21/sqft•Imagine MLS
Tax history
5 years of records
YearTax paidAssessed value
Apr 15, 2020$451$80,000
Apr 15, 2019—$37,000
Apr 15, 2018—$37,000
Apr 15, 2017$577$37,000
Apr 15, 2015$577$37,000
Nearby homes
Neighborhood details
Local context around this listing
Frankfort, KY • Franklin County
Nearby cities
Frankfort
Nearby zip codes
406014060240603406044061840619406204062140622
Similar homes
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